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s dubbed it is a crisis on top of a crisis as they're facing their own problems of deficit reduction and people coming out to the streets in their tens of thousands to protest against how the government is handling austerity measures we've just seen this week protests turned violent the occupy congress movement which started peacefully angel get a message of and just there she threw to a peace and ended in violence of police pushing back the protesters were being hit by battens having bullets fired in their direction and it's also about sixty people were injured in proceedings about thirty people be. detained it's a worrying sign. as these demonstrations turn violent as they continue. all of brushing aside accusations of greed alphonse lopez ten a spokesperson for the cattle and solidarity and independence party he says it's not about money it's rather all about self-determination. going to people has. no place. in spain or out of our own i mean it's not a matter of. you know you're going to get a big. show. through us. recently and be afraid be the case they'd only. be saved. and we
s dubbed it is a crisis on top of a crisis as they're facing their own problems of deficit reduction and people coming out to the streets in their tens of thousands to protest against how the government is handling austerity measures we've just seen this week protests turned violent the occupy congress movement which started peacefully angel get a message of and just there she threw to a peace and ended in violence of police pushing back the protesters were being hit by battens having bullets...
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zone is also at stake the government needs to save thirty billion euros in twelve months to reduce the deficit from this year's four and a half percent to three percent the e.u. ceiling for member countries higher taxes for business and wealthy individuals are expected to bring twenty billion and all and has outlined a plan to save the other ten billion by cutting public spending was so you know has worked in the hunt for french ministries over the last twenty years he says france is currently there may fall into the same trap many of his predecessors did. the past decades of governments have been cutting and cutting and cutting the state's expenses to balance budgets but in fact the more they cut the slower the economic growth and consequently more cuts this will be a catastrophic budget i think taxing the rich and unprecedented seventy five percent for those that earn however a million euros a year was one of our lands crucial election promises allow a publisher editor and a french millionaire says the move is nothing but a political game. he did this to make his electorate come down to make
zone is also at stake the government needs to save thirty billion euros in twelve months to reduce the deficit from this year's four and a half percent to three percent the e.u. ceiling for member countries higher taxes for business and wealthy individuals are expected to bring twenty billion and all and has outlined a plan to save the other ten billion by cutting public spending was so you know has worked in the hunt for french ministries over the last twenty years he says france is currently...
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. >> trillion dollar deficits. that debt is owned by somebody. someone holds that. that puts america in a position of economic risk. >> reporter: but even supporters are split on how romney can win this race. >> there is more fire in the belly. >> he needs to stick with the facts. it's all about the economy. >> reporter: more than half the country already started voting days before the first presidential debate. more numbers now. gallup is reporting the president's approval rating is sticking at 50%. and this could turn out to be his best month in a year. >> tracie potts for us in washington. thank you. >>> last night on the rachel madow show bill burton talked to racel about the impact or lack thereof super packs are having on the romney campaign. >> on the republican side, the story they tell about mitt romney is there is no story about mitt romney. the story they tell about barack obama is well he's always bad things. if you're trying to figure out well what is it that -- what's the strategy here? how are we trying to win this race? it's more difficult on their s
. >> trillion dollar deficits. that debt is owned by somebody. someone holds that. that puts america in a position of economic risk. >> reporter: but even supporters are split on how romney can win this race. >> there is more fire in the belly. >> he needs to stick with the facts. it's all about the economy. >> reporter: more than half the country already started voting days before the first presidential debate. more numbers now. gallup is reporting the president's...
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is still part with its own destiny struggling to reduce that deficit in catalonia about forty billion euros but here they say they've made deeper and tougher cuts than anywhere else in spain this issue actually earlier this month or so about a million people onto the streets in barcelona is a call for independence away from madrid that comes at a very tough time for spain as a whole particularly for the government of prime minister rudd oid as one m.p.'s dubbed it is a crisis on top of a crisis as they're facing their own problems of deficit reduction and people coming out to the streets in their tens of thousands to protest against how the government is handling austerity measures we've just seen this week protests turned violent the occupy congress movement which started peacefully aim to get a message of and just stared through to him peace and ended in violence of police pushing back the protesters were being hit by battens having a bullet fired in their direction and it's also about sixty people were injured in proceedings about thirty people being detained as a worrying sign for
is still part with its own destiny struggling to reduce that deficit in catalonia about forty billion euros but here they say they've made deeper and tougher cuts than anywhere else in spain this issue actually earlier this month or so about a million people onto the streets in barcelona is a call for independence away from madrid that comes at a very tough time for spain as a whole particularly for the government of prime minister rudd oid as one m.p.'s dubbed it is a crisis on top of a crisis...
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austerity has become all too familiar in europe, facing spiraling deficits and higher unemployment, spain unleashed drafting spending cuts to date are around $50 billion. it is europe's largest -- fourth largest economy. gavin hewitt has more from madrid. >> lines of police outside the education ministry in madrid tonight. teachers protested here against cuts. they came onto the street at the government's announced the most severe round of budget savings so far. these latest austerity measures are widely seen as paving the way for a full-scale bailout. >> [spending -- speaking spanish] >> the minister of finance said he heard 2012 would be the last year the economy would shrink. another minister described it as a crisis budget designed to exit the crisis. this austerity budget aims to find savings of 40 billion joerres next year. each government department would how to make cuts of 90%. public-sector pay will be frozen for another year, and the retirement age is set to rise. >> just a few weeks ago, europe believed it had achieved a breakthrough. the european central bank said it would he
austerity has become all too familiar in europe, facing spiraling deficits and higher unemployment, spain unleashed drafting spending cuts to date are around $50 billion. it is europe's largest -- fourth largest economy. gavin hewitt has more from madrid. >> lines of police outside the education ministry in madrid tonight. teachers protested here against cuts. they came onto the street at the government's announced the most severe round of budget savings so far. these latest austerity...
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not just from a foreign policy standpoint, one of the reasons that we have huge deficits is that we have these unpaid wars. the voters also view these foreign issues through a prism of the economy. >> david plouffe, thank you very much. >>> we'll be right back with our powerhouse roundtable in just 60 seconds. it's something you're born with. and inspires the things you choose to do. you do what you do... because it matters. at hp we don't just believe in the power of technology. we believe in the power of people when technology works for you. to dream. to create. to work. if you're going to do something. make it matter. >>> quick change there. george will is off today. but we're joined by donna brazile on the roundtable. matthew dowd. maggie haberman of politico. two former party chairman. former vermont governor, howard dean for the democrats. and former governor haley barbour for the republicans. matthew dowd, let me begin with you, and setting the stage where the race is right now, we see president obama ahead by about five points nationally, right now, ahead in all of the battlegrou
not just from a foreign policy standpoint, one of the reasons that we have huge deficits is that we have these unpaid wars. the voters also view these foreign issues through a prism of the economy. >> david plouffe, thank you very much. >>> we'll be right back with our powerhouse roundtable in just 60 seconds. it's something you're born with. and inspires the things you choose to do. you do what you do... because it matters. at hp we don't just believe in the power of technology....
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there will still be a substantial deficit but it will be much smaller. president obama's main contribution to this $16 billion debt which is -- a $1 trillion debt which is a ten-year figure, projecting out ten years, was the stimulus bill which was $800 billion, which i believe was a good thing to do. i think that that might even be even bigger without it, because it kept people working and paying taxes and off the government payrolls and because it created new jobs and infrastructure in energy. if you look at his annual spending budgets, they are about 2% increases. that's less than the rate of inflation. so i think that the reason that i believe he will win re-election is that we're beginning to recover. we've had a higher rate of job creation since the recession bottomed out, the collapse bottomed out in the middle of 2009, than in the previous eight years, and we are moving in the right direction, and the policies he has advocated are more likely to present a good economic result. that's why if people thought this was just like another recession, he
there will still be a substantial deficit but it will be much smaller. president obama's main contribution to this $16 billion debt which is -- a $1 trillion debt which is a ten-year figure, projecting out ten years, was the stimulus bill which was $800 billion, which i believe was a good thing to do. i think that that might even be even bigger without it, because it kept people working and paying taxes and off the government payrolls and because it created new jobs and infrastructure in...
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. >> the only way to meet governor romney's pledge of not reducing the deficit or not adding to the deficit is by burdening middle class families, the average middle class family with children would pay $2,000 more. >> others have estimated the total value of the tax cuts would be some $5 trillion over ten years. governor romney says he will keep it deficit neutral and pledges there is one thing he won't do no matter what. >> i will not under any circumstances, raise taxes on middle income families. i will lower taxes on middle income families. now, you kite a study. there is six other studies that looked at the study you described and say it's completely wrong. >> the president based his assertion about a $2,000 tax increase on a study by the tax policy center which had exempted some tax deductions from any cuts in its analysis. then it concluded the plan could only be deficit neutral with a tax hike on the middle class and obama ads are hammering away. >> why won't obama level with us about the tax plans. >> the tax policy center, however, later changed its assessment. it said if romney p
. >> the only way to meet governor romney's pledge of not reducing the deficit or not adding to the deficit is by burdening middle class families, the average middle class family with children would pay $2,000 more. >> others have estimated the total value of the tax cuts would be some $5 trillion over ten years. governor romney says he will keep it deficit neutral and pledges there is one thing he won't do no matter what. >> i will not under any circumstances, raise taxes on...
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going on the deficit. >> yes 10 trillion . i don't know how we are going to pay for this . inheritance and his successor is going it inherit a problem. >> gretchen: this is before obama care? >> thos a great point. we had massive stimulus and everything and category of spending going up yet, the big bills of obama care comes later and hasn't showed up yet. and even the democrats who run the congressional budget office said that will cost 1.7 tril yen if a decade. >> gretchen: coming up next. tragedy trikes in hollywood. katie perry exboyfriend now dead after murdering his land lady and dying misterously. >> writing a letter and you will not believe what got him in return. ♪ note ♪ i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. boproductivity up, costs down, thtime to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory
going on the deficit. >> yes 10 trillion . i don't know how we are going to pay for this . inheritance and his successor is going it inherit a problem. >> gretchen: this is before obama care? >> thos a great point. we had massive stimulus and everything and category of spending going up yet, the big bills of obama care comes later and hasn't showed up yet. and even the democrats who run the congressional budget office said that will cost 1.7 tril yen if a decade. >>...
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desperate struggling to reduce that deficit as i learned about forty billion euros here they say they've made tougher cuts than anywhere else in spain is this year actually this month also about a million people onto the streets in barcelona is a call for independence away from madrid because a very tough time for spain as a whole particularly for the government of prime minister rudd boy as one of he's dubbed it is a crisis on top of a crisis as they're facing their own problems at the dock should people coming out to the streets in the tens of thousands to protest against how the government is handling austerity measures. or let's get some more now in catalonia is our push for independence from madrid and the austerity plight spain continues to face i'm now joined by alfonso lopez turner m.p. and spokesperson for the cattle and solidarity for independence party a pleasure to see you today sir thanks for coming on the program as i'm sure you were just listening to our report there from correspondent jake aggrieved catalans actually pointing to the imbalance between the tax they're payin
desperate struggling to reduce that deficit as i learned about forty billion euros here they say they've made tougher cuts than anywhere else in spain is this year actually this month also about a million people onto the streets in barcelona is a call for independence away from madrid because a very tough time for spain as a whole particularly for the government of prime minister rudd boy as one of he's dubbed it is a crisis on top of a crisis as they're facing their own problems at the dock...
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vice president biden campaigning in florida blaming the deficit on the previous administration and paul ryan was in ohio. ryan, a hunting enthusist telling jerts governor romney would work to prevent anymore restrictions on hunting and general motors recalling thousands of vehicles sold in warm weather states, gm recalling some 40,000 vehicles. the recall only affects owners living in arizona, california, florida, nevada, texas, and arkansas and oklahoma. now back to "justice". egypt dot it now. i'm harris faulkner. now, back to "justice." >>> there is only one way to peacefully prevent iran from getting atomic bombs. and that is by placing a clear red line on iran's nuclear weapons program. >> judge jeanine: prime minister netanyahu this week with a stern warning to prevent iran from getting a nuclear bomb. the white house later saying that president obama and the israeli prime minister spoke on the phone and that they were in complete agreement over iran. joining me now, former israeli ambassador to the united nations, dan gillerman. good evening. >> good evening, judge. good to be wi
vice president biden campaigning in florida blaming the deficit on the previous administration and paul ryan was in ohio. ryan, a hunting enthusist telling jerts governor romney would work to prevent anymore restrictions on hunting and general motors recalling thousands of vehicles sold in warm weather states, gm recalling some 40,000 vehicles. the recall only affects owners living in arizona, california, florida, nevada, texas, and arkansas and oklahoma. now back to "justice". egypt...
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the fed is actually reducing the deficit and making huge profits returning record amounts of money to the treasury as a result of previous quantitative easing, so it's the opposite of spending your tax dollars. the fed a legally independent and ran by a guy originally appointed by george w. bush. this is just so completely over the top that we decided to do a piece on that particular email. pretty much, these messages to true believers have to exceed what we have already the bonds before we pay attention to them. we are out of time. thank you all for your attention. thank you for your questions. [applause] [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] >> monday, a citizen's guide to the 2012 presidential debate from the national communications association panel looking at the hours of the debates coming up next month. live coverage begins at 1:00 p.m. eastern on c-span. >> you established a third party. you ran twice. you established -- what was the name of it? united we stand? the reform party. do you feel that is nee
the fed is actually reducing the deficit and making huge profits returning record amounts of money to the treasury as a result of previous quantitative easing, so it's the opposite of spending your tax dollars. the fed a legally independent and ran by a guy originally appointed by george w. bush. this is just so completely over the top that we decided to do a piece on that particular email. pretty much, these messages to true believers have to exceed what we have already the bonds before we pay...
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Sep 29, 2012
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problem as he did when he solved the problems of the olympics and came into massachusetts and turned deficits into surpluses, and that he actually is committed to doing this, and that he will do it because he has a record of fulfilling the commitments he makes to solve problems. i think that's what -- what he will try and convey. >> let's talk about libya for a moment. you've gone on the recording saying ambassador stevens suffered the consequences, in your words, of a lazy, detached president. that's tough criticism out there. >> that's right. >> why do you stand by that? >> well, look, what we have is a situation all over the middle east, and you showed some clips of what's happening in pakistan. we have -- we have taken a difficult situation and turned it into a disaster, because we have a president that thought he was somehow going to charm that part of the world into loving america. what he's done is increased the antagonism toward america there by having a failed foreign policy. and harry truman used to say, "the buck stops here" talking about the presidency. and the buck should stop at
problem as he did when he solved the problems of the olympics and came into massachusetts and turned deficits into surpluses, and that he actually is committed to doing this, and that he will do it because he has a record of fulfilling the commitments he makes to solve problems. i think that's what -- what he will try and convey. >> let's talk about libya for a moment. you've gone on the recording saying ambassador stevens suffered the consequences, in your words, of a lazy, detached...
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and you talk about the deficit? the paul ryan budget that mr. romney says is a marvelous budget won't achieve balance until 30 years from now? romney-ryan aren't even fiscally responsible in their plans. all they want to do is to go back to the bush policies. >> let me interrupt. >> the debt just went up astro nommicly under this president. he's moving in the wrong direction. >> thank you both, ted strickland, ken blackwell, appreciate the discussion. thank you. >>> the world is focusing on iran's nuclear program, thanks in part to israel's attention to the issue. but what about israel's nukes? we investigate next. one is for a clean, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. and the c
and you talk about the deficit? the paul ryan budget that mr. romney says is a marvelous budget won't achieve balance until 30 years from now? romney-ryan aren't even fiscally responsible in their plans. all they want to do is to go back to the bush policies. >> let me interrupt. >> the debt just went up astro nommicly under this president. he's moving in the wrong direction. >> thank you both, ted strickland, ken blackwell, appreciate the discussion. thank you. >>>...
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the romney campaign is firing back as in, hey, a humongous deficit is not patriotic. >> this is a land where economic freedom has allowed people to pursue their dreams and in doing so and achieving success, they lift us as a nation, they give us jobs, i will not apologize for success here and i will never apologize for america abroad. >> how's that for economic patriotism, whatever that is? so the talk back question for you this morning, is there such a thing as economic patriotism, facebook.com/carolcnn, your responses later this hour. >>> when we think of bounties in football now we think of the new orleans saints. saints' head coach, sean payton is on the golf course instead of the football field this season after the nfl suspended him for his role in bountygate. a former assistant of another team says his players were offered cash for big hits on opponents. these weren't nfl players. they were 10 year-olds. here's casey wian. >> reporter: the 2011 red cobra's pop warner football team went undefeated in the regular season. >> this was a team that knew it was on the verge of greatnes
the romney campaign is firing back as in, hey, a humongous deficit is not patriotic. >> this is a land where economic freedom has allowed people to pursue their dreams and in doing so and achieving success, they lift us as a nation, they give us jobs, i will not apologize for success here and i will never apologize for america abroad. >> how's that for economic patriotism, whatever that is? so the talk back question for you this morning, is there such a thing as economic patriotism,...
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focusing on energy, independent skills that will allow people to succeed, a trade that works for ameca, deficit reducti smbussic nhan what the president has done. and as we get in the debates it will be critical to show the contrast between governor romney and the president. the good thing is wasserman schultz down played the president's expectations as expected by the democrat but he is the gted ea thobis hoe nav the gift of a positive record to run on. the economy is in the toilet and t current news we have on informed poli is troubling. the administration knew this was a terrorist attack within the first 24ours yet they continue de a movie trailer, put ambassador rice out there being extremely dishonest with the american people. that's troubling. and those troops will come out in the detes. >> alice, we've gone to war with countries saying they were responsible for nerch when they really weren't. i'm talking about iraq. gi theteseit leeway here on figuring out exactly what's what to go with the facts. thursday power panel, thank you. we're going to have the governor to stick around because w
focusing on energy, independent skills that will allow people to succeed, a trade that works for ameca, deficit reducti smbussic nhan what the president has done. and as we get in the debates it will be critical to show the contrast between governor romney and the president. the good thing is wasserman schultz down played the president's expectations as expected by the democrat but he is the gted ea thobis hoe nav the gift of a positive record to run on. the economy is in the toilet and t...
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place that's going to be good for the country, that's a long-term deal so we're not revisiting the deficit and debts every year. that's what we need to be debating. we need to look at what we can do as i said that's comprehensive, that looks at all aspects of the budget, that minimizes the negative impact on both the defense and the domestic side. and we should be working together to do that. >> josh tyrangiel has a question for you, senator. >> senator, how would you characterize the conversations? i'm interested in the mechanic of how these things move forward. are you guys meeting in somebody's office, are you cordial, are things all on the table? are there certain things everybody's announced as let's not touch this? can you talk about how it works? >> well, as i said, this was a group of six of us who met, five of us met fairly regularly for a couple of weeks. it reflects, i think, a number of groups that have been meeting within the senate, trying to see where there are areas of agreement, looking at what we need to do to be as comprehensive as possible to reduce, as many of the pote
place that's going to be good for the country, that's a long-term deal so we're not revisiting the deficit and debts every year. that's what we need to be debating. we need to look at what we can do as i said that's comprehensive, that looks at all aspects of the budget, that minimizes the negative impact on both the defense and the domestic side. and we should be working together to do that. >> josh tyrangiel has a question for you, senator. >> senator, how would you characterize...
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sadly to me is the fact that the president goes on tv the other day and says, well, the debt and the deficit in the country, now, that's a problem in the long term, but it's not a short-term problem. the truth the average american understands the truth. the american government can't spend itself rich just like the american family want spend itself rich. if just the debt is a long-term problem, if you wait till the long term, the kinds of changes you'll have to make, the kind of cuts, the kind of cracking-down are unbelievable by the standards that if we deal with this today it is not that big a deal. >> greta: governor, they're not even working on it. i mean, nothing is being done by anybody to work on it. absolutely zero. >> in all fairness, nothing has been done by barack obama. i mean, barack obama hasn't introduced a budget in three years that a democrat would vote for, but paul ryan has. >> greta: if i were a republican right now, i'd be here in washington, saying where's the president? >> but paul ryan has produced budgets, and the democrats say these terrible draconian budgets -- unde
sadly to me is the fact that the president goes on tv the other day and says, well, the debt and the deficit in the country, now, that's a problem in the long term, but it's not a short-term problem. the truth the average american understands the truth. the american government can't spend itself rich just like the american family want spend itself rich. if just the debt is a long-term problem, if you wait till the long term, the kinds of changes you'll have to make, the kind of cuts, the kind...
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the tough measure is meant to help bring france's deficit. let's go to clayton. >> big story making headlines this morning. several days after the attack on the u.s. consulate. this is the story that the obama administration was sticking to. listen. >> this was not a preplanned premeditated attack that what happened initially was it was a spontaneous reaction to what had just transpired in cairo as a consequence of the video. >> our current assessment is that what happened in benghazi was, in fact, initially a spontaneous reaction. >> what our assessment is as of the president is in fact what it began spontaneously in benghazi as a reaction to what had transpired some hours earlier in cairo. >> but as fox news reports, the administration knew within the first 24 hours that it was a terrorist attack. so why were americans left in the dark and how could potential coverup impact the election? here for fair and balanced debate is fox news contributor angela mcglowan and mclavigne. this seems like a big problem for the president. >> i don't see it
the tough measure is meant to help bring france's deficit. let's go to clayton. >> big story making headlines this morning. several days after the attack on the u.s. consulate. this is the story that the obama administration was sticking to. listen. >> this was not a preplanned premeditated attack that what happened initially was it was a spontaneous reaction to what had just transpired in cairo as a consequence of the video. >> our current assessment is that what happened in...
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part of the budget reform hike taxes on the wealthy to reduce france's deficit amidst all of. calling for 7 a% tax on the super rich. aruba, sweden and denmark and netherlands have the highest tax rates between 50 and 60%. u.s. caps income tax rates currently at much lower 35%. critics say france's proposed hikes will back fire by putter hurting businesses. police in canada busted three men, including one current and one former police officer for smuggling cheese and other foods across the border cost more in canada than the lower 48. suspects bought $200,000 of the stuff buffalo, new york. drove some 22 miles into canada without declaring it to customs. sold it to canadian restaurants and made more than $165,000 in profit. off cheese. one day after israel's prime minister netanyahu drew a red line. he spoke about the iranian nuclear threat. we will have details from both phone calls. word of another football bounty scandal. but not in the nfl this time. peewee wait until you hear this. bob... oh, hey alex. just picking up some, brochures, posters copies of my acceptance speec
part of the budget reform hike taxes on the wealthy to reduce france's deficit amidst all of. calling for 7 a% tax on the super rich. aruba, sweden and denmark and netherlands have the highest tax rates between 50 and 60%. u.s. caps income tax rates currently at much lower 35%. critics say france's proposed hikes will back fire by putter hurting businesses. police in canada busted three men, including one current and one former police officer for smuggling cheese and other foods across the...
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what he believes in the middle east and has to carry that message over to the economic argument, the deficit spending argument, and he has to bring a really hardball -- a hard fastball when he shows up at that debate on wednesday. megyn: chris, i would like to touch base on the polls. this week, another poll came out it was not good for governor romney. some of these critical swing states. we have talked about how those polls, i don't want to say oversample democrats, but more peoples.identifying as republicans or democrats. clearly there are more democrats in the state where it was an anomaly, we don't know. truly, if you look at the mainstream media, they say that this race is gone. >> you hear that reinforced over and over. it is in the late-night jokes, mitt romney's a loser, and that is exactly what the president wants is for him to say that this guy is lost. megyn: chris stirewalt, thank you. there are questions today about why the two biggest news wire services in the country just to send out this photo of benjamin netanyahu at the united nations yesterday. take a look. okay, this is
what he believes in the middle east and has to carry that message over to the economic argument, the deficit spending argument, and he has to bring a really hardball -- a hard fastball when he shows up at that debate on wednesday. megyn: chris, i would like to touch base on the polls. this week, another poll came out it was not good for governor romney. some of these critical swing states. we have talked about how those polls, i don't want to say oversample democrats, but more...
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a tax cut that ads to the deficit. that is part one. there is no economist that can say mitt romney tax plan adds $5 trillion if i say i will not add to the deficit with my tax plan. >> if you are lowering the rates the way you describe, governor, it is not possible to come up with enough deductions and loopholes that only affect high overincome individuals to avoid either raising the deficit or burdening the middle class. it is math. >>trace: which candidate had the upper hand and how much was accurate? with me is the associate editor of the financial weekly owned by the parent of this company. michael, romney says if you lower the tax rates what happens is, businesses have more money. businesses have more money they can hire more people and, guess what, everyone starts paying taxes and that is how you close the deficit. true? >>guest: it is true that is what he is saying. it is true that is the way a model would have it play out. the question and what assumptions go in that assertion by lowering rate and obviously on
a tax cut that ads to the deficit. that is part one. there is no economist that can say mitt romney tax plan adds $5 trillion if i say i will not add to the deficit with my tax plan. >> if you are lowering the rates the way you describe, governor, it is not possible to come up with enough deductions and loopholes that only affect high overincome individuals to avoid either raising the deficit or burdening the middle class. it is math. >>trace: which candidate had the upper hand and...
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Sep 29, 2012
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>> he is talking about the economy, talking about the deficit, talking about four years of president obama would be detrimental to the country. it's pretty plain and simple. president obama and republican nominee mitt romney are laying low today because they're getting ready to prepare for the debate, so it's the number 2s on the campaign trail. right behind me here, here's paul ryan stumping here in new hampshire, a crucial battleground state. when he's done here, he goes to ohio later today. another very big important battleground state. and that's the whole idea here, as the president and mitt romney get ready for the debate. paul ryan and vice president joe biden are on the campaign trail. specific new hampshire. the race here is kind of close. the most recent poll shows president obama with a five-point advantage over mitt romney. definitely a very close contest here in new hampshire. this is a state that may not know paul ryan very well, but knows mitt romney very well, who was governor of neighboring massachusetts. he owns a vacation home here in new hampshire. spends a lot of
>> he is talking about the economy, talking about the deficit, talking about four years of president obama would be detrimental to the country. it's pretty plain and simple. president obama and republican nominee mitt romney are laying low today because they're getting ready to prepare for the debate, so it's the number 2s on the campaign trail. right behind me here, here's paul ryan stumping here in new hampshire, a crucial battleground state. when he's done here, he goes to ohio later...
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Oct 4, 2012
10/12
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. >> you said you'd cut the deficit in half. it's four years later, we still have trillion-dollar deficit. >> the way we do is for additional cut, we ask for a dollar of additional revenue, paid for, as i indicated earlier, by asking those of us who have done very well in this country to contribute a little bit more to reduce the deficit. >> reporter: the president insisted romney would spend $5 trillion on tax breaks favoring the wealthy. >> math, common sense and our history shows us that's not a recipe for job growth. >> everything he just said about my tax plan is inaccurate. >> reporter: they clashed on wall street, whether banks should be too big to fail, and medicare. >> cutting $716 billion from medicare to be able to balance the additional cost of obama care is, in my opinion, a mistake. >> if you repeal obama care, and i have become fond of this term, obama care, if you repeal it, what happens is those seniors right away are going to be paying $600 more in prescription care. >> reporter: the fiercest exchange over heal
. >> you said you'd cut the deficit in half. it's four years later, we still have trillion-dollar deficit. >> the way we do is for additional cut, we ask for a dollar of additional revenue, paid for, as i indicated earlier, by asking those of us who have done very well in this country to contribute a little bit more to reduce the deficit. >> reporter: the president insisted romney would spend $5 trillion on tax breaks favoring the wealthy. >> math, common sense and our...
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Sep 30, 2012
09/12
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vice president joe biden campaigning in swing state florida blaming the deficit on the previous administration. the republican vice presidential candidate paul ryan in ohio tonight. we showed you you live on fox report ryan a hunting enthusiast telling voters he and governor romney would work to prevent any more restrictions on hunting and gun ownership among other things and also talked a lot about the economy. capitol hill put a hold on nearly a half billion dollars in aid for egypt. it follows recent antiamerican turmoil across the middle east including storming our embassy in cairo on september 11th. the obama administration promised egypt emergency money but the head of the subcommittee which oversees foreign aid said she is convinced egypt does not neat it now. i'm harris faulkner. now, back to "justice." >>> there is only one way to peacefully prevent iran from getting atomic bombs. and that is by placing a clear red line on iran's nuclear weapons program. >> judge jeanine: prime minister netanyahu this week with a stern warning to prevent iran from getting a nuclear bomb. the white hou
vice president joe biden campaigning in swing state florida blaming the deficit on the previous administration. the republican vice presidential candidate paul ryan in ohio tonight. we showed you you live on fox report ryan a hunting enthusiast telling voters he and governor romney would work to prevent any more restrictions on hunting and gun ownership among other things and also talked a lot about the economy. capitol hill put a hold on nearly a half billion dollars in aid for egypt. it...